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gadget
100
gadget 2015.09.10 21:59 

Hello there wherever you are,

I might be tired this evening..... there is this operation that I see in the terminal history but do not understand.

This is within a scalping system that I am using actively.

The loss isn't much obviously but the loss in understanding is always too much for any trading system.

1- I opened a GBPCHF Sell trade on 9 Sept at 17:17:34 at current Bid price = 1.49808. My baby was crying in the bedroom so I set a SL (1.49954) and TP (1.49770) and left MT alone (yes, my baby is a parameter of my trading systems!).

2- At 17:21:55 the broker (Oanda) closed the trade as per SL setting.

However, the chart shows that the SL was never hit! The candles show that.

Where am I wrong guys?

Thank you in advance.

GBPCHF chart 9 Sept 2015:


History:


whroeder1
13641
whroeder1 2015.09.10 22:51  
You buy at the Ask, so for a sell, the TP/SL is a buy and closes at the Ask. Turn on the Ask line, and see how big the spread is.
gadget
100
gadget 2015.09.11 12:52  

Thank you for your quick response.

The Ask line is the red line on the chart. I always turn it on and check it before I take a trade with a spread-based broker.

So if I understand well in this situation, the trade must have been closed because at some point the Ask price suddenly overpassed the SL price, am I right?

whroeder1
13641
whroeder1 2015.09.11 13:16  
What do you think?

No "suddenly" about it.
gadget
100
gadget 2015.09.11 19:46  

A clear response!

Thanks very much for your time.

Sherif Hasan
7223
Sherif Hasan 2015.09.11 20:07  
WHRoeder:
What do you think?

No "suddenly" about it.

Samething happened me on this week ECB news time. brokers increase the spread @ news hours and some high volatile market .
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